Retail property (high street) for sale

Leasehold Domestic & Commercial Flooring Business Located In Falmouth

0121 721 6440

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Retail property (high street)

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Property description & features

Established Business
Commercial & Domestic Flooring Business
Prime Location

Leasehold Domestic & Commercial Flooring Business Located In Falmouth
Prime Location
Ref 2501

Location
This delightful Flooring business is located in the vibrant harbour town of Falmouth which offers a variety of blue chip and niche independent retailers and has benefitted from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University. The business is positioned on the main street in the heart of the town centre and only a short walk from the marina and Maritime Museum. Falmouth has recently been voted as one of the most desirable places to live in the UK.

Asking Price: £79,999 plus SAV

Business Description
Veritas Business Sales are delighted to offer this established Domestic & Commercial Flooring business which is located in Falmouth. The business has been established for 40 years and has been in the careful hands of our client since 2005. Reluctantly the business is being offered for sale so they can enjoy a well deserved retirement. Since ownership they have continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Westwood Frame Carpets is owner operated and employs the help of 2 full time members of staff. For year ending 31st July 2021 they posted a turnover of £278,625 net of vat. They have built a longstanding network of suppliers within the trade and pride themselves on being able to source, supply and install virtually any flooring product.
We believe that there is further potential to increase trade by creating a larger on-line presence along with a more aggressive marketing campaign both of which the current owners are in the process of organising. The business enjoys a strong reputation locally for its high quality products and fitting and as such has a high level of regular local trade. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours
Monday - Friday - 10.00am - 5.00pm
Saturday -10.00am - 12.30pm
Sunday - closed

Leasehold
Original term: 10 years
Remaining: 8 ½ years
Rent: £17,500 pa
Rates: Zero
Ground Floor
Retail sales floor (3.8m x 10.3m) comprising: various carpet display stands (rotary and fixed), various shelving and window blind displays.
Office (3.7m x 2.1m) comprising: desk, various shelves, 2 computers, 2 monitors, paper shredder, printer (Canon) and 2 chairs.
Storeroom & carpet whipping room (5.2m x 4.0m) comprising: 2 metal shelving units, cutting table, over locking machine and air compressor.
Kitchenette & staff area (3.1m x 2.4m) comprising: settee, armchair, microwave, fridge, work surface, kettle and 2 bookcases.

Floor 1
Kitchenette
Toilet
Landing
Storeroom
Storeroom

Floor 2
Storeroom
Office

EPC Rating E

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Places of interest

Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

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Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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